Free Access PRINCE2.PRINCE2-Foundation.v2026-08-04.q503 Practice Test (Page 36)

Question 171

In which product does a Project Manager define the time and cost tolerances for the work to be done by a Team Manager?

A.Stage Plan

B.Team Plan

C.Work Package

D.Product Description

Question 172

Which is a purpose of a Lessons Log?

A.Note any lessons that are raised in Checkpoint Reports

B.Record that corrective action is being taken

C.Raise improvements with Project Assurance

D.Escalate lessons to the Project Board

Question 173

What is the minimum number of management stages required by PRINCE2?

A.Two stages: to initiate and to deliver the project

B.One stage: to cover the whole project

C.Three stages: to initiate, to deliver and to close the project

D.Four stages: to start, to initiate, to deliver and to close the project

Question 174

Which statement about project roles is CORRECT?

A.The project board roles defined in PRINCE2 must be used, but other roles can be defined as required

B.Any role can be defined as required the responsibilities defined in PRINCE2 are fulfilled

C.The project organization must be defined using the roles and responsibilities in PRINCE2

D.The project team structure defined in PRINCE2 must be used, but other roles may be added

Question 175

When developing a business case, the project manager reviewed the end project report from & previous similar project that stated had been underestimated on the project.
Which principle is being applied by the project manager when reviewing this information?

A.Learn from experience

B.Tailor ta Suit the project

C.Manage by stages

D.Ensure continued business justification

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Question 171

Question 172

Question 173

Question 174

Question 175

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